Titan Medical Inc (TMDIF)

[renovatio33]

It’s only tanking bc of dilution from an uncertain offering amount. And keep in mind there is no “smart” money in this, just retail. It looks like some decent size positions sold out over the past week and that’s likely those not willing to stomach the stormy seas of Titan any longer. Current levels price about a 25-30 mil raise and if it closes next week, should start to trade up with a new and stable institutional investor base. Great place to be IMO, great for new investors obviously with likely limited dilution in the future with warrants, and worth adding for longs if you’re still L&S